Global leaders gather to discuss scalable solutions for climate impact; P4G announces $4.7 million in funding and technical assistance for 17 startup partnerships.  

HANOI, VIETNAM (April 25, 2025) — The 2025 Partnering for Green Growth and the Global Goals 2030 (P4G) Vietnam Summit concluded with an urgent call to action and renewed global commitment to scaling innovative climate solutions and unlocking green investment in Emerging Markets and Developing Economies (EMDEs).  

Hosted by the Government of Vietnam on April 16-17 under the theme "Sustainable and People-Centered Green Transition," the Summit brought together over 800 leaders from governments, businesses, multilateral institutions and civil society to explore scalable climate solutions and build partnerships that support startups across Africa, Asia and Latin America.  

This included discussions on strategies for fast-tracking the green transition in EMDEs, business matching that paired startups with investors and the Green Growth Exhibition, which showcased climate startups’ products and solutions. 

H.E. To Lam, General Secretary of the Communist Party of Vietnam, opened with the need for comprehensive national planning, bold public sector leadership and private sector involvement to scale green growth, noting Vietnam's commitment to integrating the green transition into its national development strategy. Other high-level attendees included Pham Minh Chinh, Prime Minister of the Socialist Republic of Vietnam; and Abiy Ahmed Ali, Prime Minister of Ethiopia, with virtual remarks by Mette Frederiksen, Prime Minister of Denmark and Emmanuel Macron, President of France.  

A pre-summit hosted by P4G, a World Resources Institute initiative, took place on April 14-15, showcasing climate startups through panel sessions and the P4G Pitch Day, and convening its National Platforms — high-level public-private country networks that support climate entrepreneurs — and the Global Advisory Council for their annual meetings. 

Key outcomes and achievements from the pre-summit include: 

  • P4G announced $4.7 million in grant funding and technical assistance for 17 startup partnerships in Africa, Latin America and Southeast Asia.
  • Over 70 climate startups from Vietnam and other developing economies pitched their business models to investors, with several, including P4G-funded startups Crustea, Sabio and agriBora, attracting investor interest.
  • P4G signed a Memorandum of Understanding (MoU) with the Republic of Korea committing $1.8 million to accelerate P4G’s impact — reaffirming Korea's long-standing support for sustainable growth in emerging economies as a P4G founding member.
  • Participating countries endorsed a declaration calling for people-centered green growth policies and support for global entrepreneurship and innovation.  

“The Summit was a clarion call for countries to invest in climate innovation and design strong policies that support climate startups,” said Robyn McGuckin, Executive Director, P4G. “P4G is showcasing how startups are a powerful yet underutilized tool for mobilizing private investment toward national climate goals.” 

At COP29, wealthy nations agreed to increase climate finance for developing nations by $300 billion annually by 2035, but this falls short of the $1.3 trillion needed. The Summit serves as a model for how public-private partnerships can help fill that gap and drive tangible solutions for climate action, job creation and economic growth.  

As attention turns to the 2027 P4G Ethiopia Summit, the momentum from Hanoi provides a foundation for ongoing progress, with a continued focus on innovation, inclusion and securing the investments needed to drive resilient country transitions. 

About P4G 
P4G helps early-stage climate startups in emerging markets and developing economies become investment ready. We provide startups with grants and technical assistance, and partner them with national level public-private platforms to help navigate the marketplace. Through this approach, P4G strengthens market systems for climate entrepreneurs and accelerates just and resilient country economic transitions. Hosted by World Resources Institute and funded by Denmark, the Netherlands and the Republic of Korea, P4G accelerates food, water and energy partnerships in Colombia, Ethiopia, Indonesia, Kenya, South Africa and Vietnam. Learn more at p4gpartnerships.org.  

About World Resources Institute 
WRI works to improve people’s lives, protect and restore nature and stabilize the climate. As an independent research organization, we leverage our data, expertise and global reach to influence policy and catalyze change across systems like food, land and water; energy; and cities. Our 2,000+ staff work on the ground in more than a dozen focus countries and with partners in over 50 nations. Learn more at wri.org.